ict gem of the day

external & internal range liquidity is the key to understanding where the market will draw to next.

irl: fair value gaps (imbalances)
erl: old highs/lows (liquidity pools)

price only does 2 things:
- draws to old highs and lows
- seeks imbalances

there is literally nothing else price does.

price is just constantly moving from external to internal, internal to external.

once erl is taken, irl becomes the draw
once irl is taken, erl becomes the draw.

“the relationship between the two being used on the monthly, weekly, daily, & 4 hour charts is the key that unlocks your understanding to bias and builds the anticipatory skills required to forecast market direction and price moves.” -